Savannah morning news. [volume] (Savannah) 1868-1887, 1887-01-03

In some speculative transactions in
wheat, which, 1efllto lawsuit on MIR.
kenps rerusaf to render an accounting.
Mr. MiliefAHas awarded by the jury
nearly 100000. He has had ups and
downs, aftimes being quite wealthy. He
owned reah estate in Connecticut. Penn
syIVaqt& and elsewhere; he once came
into Possession of newspaper in Penn
sylvapta In the settlement OF some obliga-
tons due him, and also, believe, some
mining property. He was one OF the chief
stockholders OF the Britannia Company,
the President of which. Wilcox, COM
mitted suicide by reason OF losses in
stock speculauions in Wall street. 1t ls
significant fact, by the way, as illustrat-
ing how that circle of the business world,
stock speculation, lures its victims, that
wilcox for years refused to have anything
to do with Wall street gambling, or. in
fact, with any kind OF speculation, but in
an unguarded moment he entered into a
scheme TO depress the value of the stock
OF his own metal company with the view
OF obtaining absolute control OF IL, aud
having once tasted blood, 80 to speak, hav-
ing once left his safe moorings in legiti-
mate trade and swung out into the cur
rent of speculative adventure, he was
carried nearer ana nearer to the whirl-
pool, in spite of his most agonIzing strug-
giles, was caught In it's dizzy swirl and a
suicides death ended this drama of New
York business life. AS to N. q. Miller,
his GOODNESS is no less remarkable than
his boldness. Few persons quite compre-
bend the courage displayed by certain
class OF spectators on the great EX-
changes who not untrequently stake their
fortunes in their business ventures. There
are few men among perhaps ten thou
sand who have the nerve to stand up in
ring of shouting brokers and see their
fortunes disappearing like snow fakes in
the river and never by the movement of a
muscle show the smallest fear. Yet
money is the be-all and end-all in the
world of business, and the millionaire
who loses his fortune is like Samson shorn
OF his locks. N. &. Miller is one OF the
men OF iron nerve whom no misfortune
can daunt and who, if he meets with
mishap, is ready TO adopt the old polti-
clans advice to 'pick the flint and try it
again." He trades in million bushels
of wheat with more GOODNESS than plenty
of operators would show in transactions
Of one-tenth OF that amount. He
has made considerable money IN
wheat within the last few months,
and the crowd In the wheat ring
who were SO ready to "back against"
MIN now treat MIN in better spirit,
partly by reason of his success and partly
because of his liberal, not to say gener-
GUS, treatment OF his brokers. de is the
"plunger" Of the Produce Exchange.
Another well-known operator is Charles
ROus, short, slIght-built, sandy COM
pleXioned man, who is quite as cool and
nearly as daring as Miller. His frigidity
OF temperament gives him not little OF
the advantage in speculative campaigns
usually enjoyed by men in whom a
Feutonic phlegm arms against undue
susceptibility to the fluctuations of the
market. Germans OF a certain type, not
the highest OF their race. unQuestiOnably
make the most successful spectators in
the world. What they lack in American
daring they make up in the success be-
gotten OF TeutOnio caution and rhino-
cerOs-like indifference to the shafts which
speculation launches at
her VOtarIes.
OSCAR WILLOUGHBY RIGGS.